Report: Alzheimer’s Disease Will Cost U.S. $277B in 2018

Report: Alzheimer’s Disease Will Cost U.S. $277B in 2018

FOR THE SECOND consecutive year, total payments to care for people living with Alzheimer's and other forms of dementia are predicted to exceed a quarter of a trillion dollars, according to the Alzheimer's Association's 2018 Alzheimer's Disease Facts and Figures report released Tuesday.

The projected $277 billion total is an increase of almost $20 billion from last year. By 2050, costs are expected to surpass $1 trillion.

The number of Americans living with Alzheimer's and other forms of dementia is increasing every year. According to the report, an estimated 5.7 million Americans currently have Alzheimer's, and someone develops the disease every 65 seconds. By 2050, an estimated 14 million people will be diagnosed.